T-Mobile USA says Apple products will be `unique`

ArchibaldPreuschat

Deutsche Telekom AG's (DTE.XE) U.S. unit will carry Apple Inc.'s
AAPL, -0.99%
products from next year onwards, but remains very vague on the nature of the deal.

"We finally reached a deal with Apple," Deutsche Telekom's chief executive Rene Obermann said at the company's capital markets day in Bonn, Germany.

T-Mobile USA's CEO John Legere said that it will be a "different and unique product" and that all analyst reports on T-Mobile USA's adaption of the iPhone "have been wrong." Still, it will take several months until Apple products will be launched, Legere also said at the Bonn event.

T-Mobile is the only major U.S. wireless carrier that doesn't offer the iPhone, and its executives have cited that omission as a key reason T-Mobile continues to lose hundreds of thousands of valuable contract customers to competitors.

The Apple deal in the U.S. and heavy investment in networks in the U.S. and Deutsche Telekom's German home market will weigh on next year's free cash flow, which is expected to decrease to 5 billion euros ($6.5 billion) in 2013 before reaching this year's level of EUR6 billion by 2015.

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